What is the significance of memorandum of association?
A Memorandum of Association (MoA) represents the charter of the company. It is a legal document prepared during the formation and registration process of a company to define its relationship with shareholders and it specifies the objectives for which the company has been formed.
What are the two main purposes of memorandum of association?
To consolidate and divide all or any of its share capital into shares of larger amount than its existing shares. To convert all or any of its fully paid-up shares into stock, and reconvert the stock into fully paid-up shares of any denomination; To sub-divide its shares, or any of them, into shares of a smaller amount.
What does memorandum of association mean?
A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders. The MOA is accessible to the public and describes the company’s name, physical address of registered office, names of shareholders and the distribution of shares.
What are some examples of memorandum?
The definition of a memorandum is a note or reminder left for yourself, or a form of communication designed to share information. An example of memorandum is when you leave yourself a note to pick up milk. An example of a memorandum is when a boss writes out an official notice to employees informing them of new policies.
What is included in memorandum?
In law specifically, a memorandum is a record of the terms of a transaction or contract, such as a policy memo, memorandum of understanding, memorandum of agreement, or memorandum of association. Alternative formats include memos, briefing notes, reports, letters, binders, etc.
What are the measures of association?
association measure Any measure of the link between two variables as shown by quantitative or qualitative data describing their characteristics. Links between continuous variables (e.g. mass and height or crop yield and rainfall) may be assessed statistically using correlation and regression methods.